2711-38 Widmer Street, Toronto, ON

Waterfront Communities C1, Toronto · MLS® C13496568

$4,700/mo
For Lease
Listed 26 days ago
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3Bedrooms
2Bathrooms
1Garage
900-999Sq Ft

About this home

Welcome to Central by Concord, an exceptional luxury residence in the heart of Toronto's vibrant Entertainment District and thriving Tech Hub. This stunning 3-bedroom, 2-bathroom corner suite offers approximately 1,110 sq. ft. of thoughtfully designed living space, flooded with natural light through expansive floor-to-ceiling windows and showcasing spectacular unobstructed city views from every angle. The open-concept layout seamlessly blends style and function with premium finishes throughout, including a designer kitchen with built-in Miele appliances, quartz countertops, custom cabinetry, built-in closet organizers, and elegant spa-inspired bathrooms. Step outside to the rare heated, fully decked balcony, allowing you to enjoy outdoor living in every season. Residents enjoy Concord's signature high-tech amenities, including 100% Wi-Fi connectivity, keyless NFC building entry, refrigerated parcel storage, state-of-the-art fitness facilities, concierge service, luxury conference rooms, and dedicated co-working spaces designed for today's work-from-home lifestyle. Located just steps from King West, the Financial District, Osgoode Subway Station, Union Station, the PATH, U of T, TMU, the CN Tower, Rogers Centre, Scotiabank Arena, world-class restaurants, cafés, theatres, shopping and nightlife, this location truly offers the best of downtown living. One EV underground parking space included. 100 Walk Score. Move in immediately and experience luxury city living at its finest.

Key facts

Property type
Condo Apartment, Apartment
MLS®
C13496568
Bedrooms
3
Bathrooms
2
Size
900-999
Cross streets
Richmond St W And Spadina Ave
Parking
1 garage (underground)
Basement
None
Heating
Forced Air
A/C
Central Air
Exterior
Concrete
Exposure
North West
Days on market
26
Listing brokerage
RE/MAX METROPOLIS REALTY
Moe’s TakeTeam Asgarian · Broker
Above comparables
$3,600/moest. value

Listed at $4,700/mo, this rental is about 31% above what comparable rentals suggest. The number above is my independent estimate of value, not the asking price.

In Waterfront Communities C1 lately, landlords have been getting about 99% of asking and homes lease in about 17 days.

Based on 82 similar rentals that recently leased nearby, adjusted for size, beds, and baths.Median of 82 recently leased comparable homes — actual closing prices, not asks — adjusted for size, beds, and baths.

How I got there

Here is the exact math behind the estimate. I start from the closest comparable listing and adjust for the real differences (size, beds, baths) to land on a like-for-like value for this home.

  • Closest comparable, leased for $3,700/mo
  • Bedrooms +$150/mo
  • Adjusts to $3,850/mo

That comparable adjusts to $3,850/mo; the $3,600/mo estimate above is the median of all 82 comparables, which is steadier than any single home.This estimate is grounded in actual lease prices from the last 15 months, not asking prices. Condition, finishes, and exact inclusions are still my in-person call.

The assigned public school is Ogden Junior Public School. EQAO is only one input, and families here also look at French Immersion, boundary, and private options, the full breakdown is below.

List price
$3,400/moBelow market$4,700/moAbove market

Total price vs nearby homes. Fair value about $3,600/mo, median of 82 comparables.

What the listing highlightsThese are claims from the listing. The only way to know for sure is to see it in person, and I am happy to book you a private showing.

  • Upscale kitchen: a genuine value driver, verify the appliances, stone, and finishes in person. Value driver
  • Open-concept layout: modern, sought-after flow. Lifestyle
Comparable listingsCurrently listed nearby in Waterfront Communities C1 · asking prices
$3,933avg asking

The closest active listings by size, beds, and price, so you can see what this home is up against.

1708-126 Simcoe Street$4,7001511-125 Blue Jays Way$3,600415-543 Richmond Street$3,500

The 3 closest active listings nearby.

See all comparable homes
4,700This home4,7003,6003,500This home vs active comparables
Live market pulseActive comparables in Waterfront Communities C1 · median list $3K
28active listings nearby
26days on market
100leased nearby · 90 days
$3Kmedian leased price
99%of asking, on average

On the market now.

View comparable listings

Not enough sq ft data to place this home on the area price curve.

Neighbourhood & location

Waterfront Communities C1, Toronto, ON

CommuteTime from this home to where you spend your day

Enter a workplace or destination and we’ll show the door-to-door time by car, transit and bike.

Nearby neighbourhoods

How asking prices compare in the closest areas to this home. Longer bars mean a pricier market.

Moss Park
$2K
Bay Street Corridor
$2K
Niagara
$3K
Waterfront Communities C8
$2K
Church-Yonge Corridor
$2K

Typical asking price of active listings of the same type, per area (outliers removed). Toronto.

Get the full neighbourhood report (schools, parks, transit & safety) →

Schools & catchmentAssigned attendance-boundary schools, with EQAO results

The public and Catholic schools this address is zoned for, with EQAO results (the share of students meeting Ontario's provincial standard).

School attendance boundaries and EQAO results are Ontario government data and can change. Confirm the current catchment with the school board before relying on it.

Street view near Ogden Junior Public School
69%
Ogden Junior Public SchoolPublic · Elementary · 0.4 km awayAround the GTA average · 69% meet the provincial standard

Affordability & Mortgage

Affordability
$21/mo
$5KIncome needed
1.0×Price ÷ income
$5Weekly cost
20% down4.79%25-yr amortization

Income needed assumes a ~32% GDS ratio; weekly is mortgage principal & interest only. Price ÷ income is the home price over the income needed. Fixed reference assumptions so listings compare on equal footing, not a lending decision.

88%mortgage
Mortgage $21Property tax $3Total carry $24

Calculate and customize your mortgage and other expenses

Adjust the down payment, rate, and amortization, and add property tax, condo fees, and heating to see your true monthly cost.

Your numbers

$
20.0%
$
%
4.14%
%
Live rate from Ratehub.ca

Conventional (20%+ down). Best insured 5-year fixed 3.99% via Ratehub.ca (as of July 23, 2026); conventional rates run a little higher.

years
years (your rate-locked period)
$20per month

Mortgage amount $3,760 · 4.14% over 25 years

$940Down payment (20.0%)
$3,760Loan before insurance
$0CMHC premium
$23Total monthly cost

Total monthly cost

Mortgage payment (monthly equivalent)
$20
Property tax
$3
Condo / maintenance fees
$0
Heating
$0
Estimated monthly cost
$23

Add your own property tax, condo fees, and heating on the left for a sharper total.

One-time closing costs

Ontario land transfer tax
$24
Toronto municipal land transfer tax
$24
Estimated closing costs
$47

Plus your down payment of $940. Legal fees, title insurance, and adjustments are extra and vary by deal.

Mortgage stress test

6.14%Qualifying rate
$24/monthPayment at the qualifying rate

Lenders qualify you at the greater of your rate plus 2% or 5.25%. You do not pay this rate. It just shows you could still handle payments if rates rose, so aim to stay comfortable at this higher number.

Over the full 25 years

$2,259Total interest paid
$6,019Total of all payments
Principal $3,760 Interest $2,259
YearPrincipalInterestBalance
1$88$153$3,672
2$92$149$3,580
3$96$145$3,485
4$100$141$3,385
5$104$137$3,281
6$108$133$3,173
7$113$128$3,060
8$117$123$2,943
9$122$119$2,821
10$127$113$2,693
11$133$108$2,561
12$138$103$2,423
13$144$97$2,278
14$150$91$2,128
15$156$84$1,972
16$163$78$1,809
17$170$71$1,640
18$177$64$1,463
19$184$57$1,279
20$192$49$1,087
21$200$41$887
22$208$33$679
23$217$24$462
24$226$15$236
25$236$5$0

At the end of your 5-year term

Total paid over the term
$1,204
Principal paid down
$479
Interest paid
$725
Balance remaining
$3,281

Talk to Team Asgarian about your options

Rates and programs change often. We will connect you with a trusted mortgage professional and build a plan that fits your budget and goals.

Let's connect

Estimates only, not a mortgage quote or pre-approval. Figures use Canadian semi-annual compounding, current minimum down-payment rules, CMHC premium tiers, and Ontario (plus Toronto, when selected) land transfer tax. Actual rates, taxes, insurance, and closing costs vary by lender and property. Confirm every number with your mortgage professional.

All information deemed reliable but not guaranteed. For personal, non-commercial use only. Listing courtesy of RE/MAX METROPOLIS REALTY. MLS®/PropTx.

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